How Trautman was paid
$3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Pension | Other | Total |
|---|---|---|---|---|---|---|
| David L. TrautmanChairman of the Board and Chief Executive Officer | $770,833 | $758,000 | $900,036 | $447,682 | $100,898 | $2,977,449 |
| Brady T. BurtChief Financial Officer, Treasurer and Secretary | $420,833 | $347,000 | $333,473 | $121,998 | $62,690 | $1,285,994 |
| Matthew R. MillerPresident | $570,833 | $469,000 | $600,024 | $94,810 | $66,734 | $1,801,401 |
What changed and why
- $28.7MNet income increased by $28.7 million to reach $180.1 million for the 2025 fiscal year.
- $2.7MCEO total compensation increased from $2,661,069 in 2024 to $2,977,449 in 2025.
- 100%Long-term incentives are granted as 100% performance-based restricted stock units tied to cumulative ROAA.
- 110%Stock awards require net income to equal or exceed 110% of dividends.
- Earned shares are subject to an additional five-year holding requirement after delivery.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.